V 1.0 2012-02-16 - Home - National Consumer Law Center
If you own your home, some home improvement contractors, loan brokers and mortgage lenders may offer to give you a home equity loan despite your credit history. These loans can be very costly and can lead to serious financial problems and even the loss of your home. Avoid mortgage lenders that: * Charge excessive interest rates, “points,” brokers’ fees and other closing costs; * Require ... ................
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